Business Finland granted €12.1 million funding for 29 projects

The University of Oulu received a total of €12.1 million in research funding from Business Finland last year. The researchers who received funding for their projects in 2023 were celebrated at the Business Finland Champions Awards event held last week.

The University of Oulu ranked fourth in terms of the amount of research funding received from Business Finland last year. The support totaled €12.1 million distributed across 29 different projects. In 2022, the funding amount was €12.7 million for 23 different projects.

The Business Finland Champions Awards event aims not only to enjoy coffee and cake in honor of successful projects but also to enhance networking among researchers from different faculties and share tips on how to build a successful project proposal. 

Additionally, discussions took place during the event on what program-based funding from Business Finland means from the perspective of research institutions.This spring, Business Finland is launching at least six different programs (internal link). 

The event featured speeches from the university management (Arto Maaninen) and Business Finland representatives (Jani Jokitalo and Pekka Rantala). Finally, three funded projects were presented in more detail: Markku Juntti spoke about the 6G-ISAC Co-Research project, Matti Silveri discussed the TORQS Co-Innovation project, and Arto Pikkarainen and Petri Aikio presented the CAAMA project, which received Research-to-Business funding.

At the University of Oulu, support for applying for Business Finland funding and guidance on necessary contracts is provided by the Innovation Centre.